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KLA Corporation targets revenue growth to $26B by 2026 amid strong AI-driven chip demand.

Analyst Insights
30 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

KLA Corporation, a near-monopoly in semiconductor process control systems, is positioned to benefit from rising AI chip demand. Despite a high projected 2026 price-to-earnings ratio of about 50, the company aims to nearly double its revenue to $26 billion within five years, with earnings per share expected to grow even faster by 2030. Management remains confident in its robust business momentum and outlook through 2026, supported by recurring revenue and strong industry leadership. This growth potential makes KLA a compelling long-term investment despite valuation risks.

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